The Senate passed a landmark tax, climate and health-care bill, speeding a slimmed-down version of President Joe Biden’s domestic agenda on a path to becoming law after a year of Democratic infighting that the White House was unable to control.

The vote on the bill was 51 Democrats in favor to 50 Republicans against, with Vice President Kamala Harris casting the tie-breaking vote after an overnight marathon of votes on amendments. It now goes to the House, where the Democratic majority is expected to pass it on Friday. 

Well, hello again from New York.

Whether you’re dipping your toes in the water’s edge or thinking that it’s maybe time to consider ironing that shirt for the office tomorrow, here’s something to get you primed for the new week.

China’s imports of commodities in July offered some tentative signs of a demand recovery after the sharp slump earlier this year due to stringent Covid-19 restrictions and property woes.

Inbound shipments of crude rose from the lowest in four years to 37.33 million tons as travel and transportation activity improved, according to government data released Sunday. Year-to-date volumes are still 4% lower, however. Iron ore imports also crept higher despite headwinds in the steel industry. 

Already suffering from the war in nearby Ukraine, eastern Europe’s main currencies are about to take another blow from a looming euro-area recession. 

Traders are more bearish on the Hungarian forint, Polish zloty and Czech koruna than any other developing-nation currency except for Russia’s ruble and the Turkish lira, according to data collected by Bloomberg. And Goldman Sachs Group Inc., Fidelity International and InTouch Capital Markets all see eastern Europe suffering more than other emerging markets if the euro weakens.

CVS, which has drug stores and provides health insurance, is among the companies seeking to submit initial bids this week, the newspaper wrote Sunday. The Journal reported last week that Signify, which had a stock-market capitalization of $4.66 billion as of Friday, was exploring strategic alternatives including a possible sale.

Hi folks, it’s Kristen in New York. Last week’s Sunday Q&A prompted a follow-up question from many readers. But first...

Does the smallpox vaccine that older folks received offer any immunity to monkeypox? — Joan Tosh, Port Chester, New YorkMonkeypox has quickly become a major global concern. This past week, the US

Sky-high US inflation may finally be approaching a peak as global economic growth sputters and oil and other commodity prices plunge. Now the focus is shifting to how fast and far it will retreat.

Welcome to Round Two in the battle of dueling narratives on the cost of living.

Stocks are mostly up over the last few weeks and

“Absolutely -- and we need to be data-dependent,” Daly said on CBS’s “Face the Nation” when asked about the likelihood of a half percentage-point increase by the Fed in September. “We need to leave our minds open. We have two more inflation reports coming out, another jobs report.”

The Boston-based investment firm says Citigroup’s global markets unit was serving as its broker in the purchase of almost 800,000 shares of

Well, hello there. We have some great stories for you to delve into this weekend, and a revealing podcast to get you thinking.One of the dominant themes of the past week was US House Speaker Nancy Pelosi’s contentious visit to Taiwan, and the resulting fallout with China. It’s not clear why she chose this moment to visit Taiwan, when relations between the US and China were already stressfully low. But her trip offered insight into

PredictIt, a market that built its name by letting Americans bet on who will be elected to Congress or the next president, has lost its legal authority to operate in the US. 

The move by the Commodity Futures Trading Commission on Aug. 4 to

Jones’s trial wasn’t actually about whether he defamed the parents or not. He didn’t respond to a number of court filings so he’d already lost by default, and the jury was just deciding how much to make him pay. But if he had contested the claim at trial, he would might have tried to argue he was exercising his free-speech or

International Monetary Fund Managing Director Kristalina Georgieva was called out Thursday for applying pressure, when she was at the World Bank, to boost China’s position in a ranking of economies.

Georgieva said she disagreed with the findings.

Massive hog culling in the Dominican Republic after the outbreak of a deadly swine disease has led the country to stock up on U.S. pork.

Exporters last week sold a record amount of the meat to the island nation, U.S. Department of Agriculture data showed Thursday. That’s after African swine fever was detected in hogs there in late July, in the first outbreak in the Americas in four decades. 

The automaker is boosting annual capacity to 80,000 units and hiring 450 workers for its Rouge Electric Vehicle Center in Dearborn, Michigan, it said in a

“If I see another opportunity to issue senior debt in the U.S. just as other banks did since 2017 or something like that, I would,” Desjardins’ Head of Treasury Yassir Berbiche said in an interview after

The World Economic Forum will return to the Swiss ski resort of Davos in 2022, after the pandemic forced organizers to shift to Singapore and then cancel their meeting altogether this year. 

The in-person event is scheduled for Jan. 17-21 and designed “to address economic, environmental, political and social fault lines exacerbated by the pandemic,” the group said on Thursday. It is working with the Swiss government and health experts to establish the appropriate safety measures.  

Stagflation emerged this week as a new bogeyman bearing down on the global recovery. Yet the bond market, an astute judge of the economy, doesn’t look scared.

The threat of crippling price increases accompanied by slow growth challenges the belief keeping global markets aloft: that price pressures are temporary along a Goldilocks-like growth trajectory. 

The New York-based bank also hired Yoven Moorooven as global head of new business ventures for the commodities trading division, according to a memo to staff. Moorooven will be based in London and report to Jose Cogolludo, global head of the commodities business.